Borosil Renewables Limited Announces Financial Results for Quarter Ended June 30, 2026
Borosil Renewables Limited has announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The results were approved by the Board of Directors during a meeting held on July 16, 2026.The company operates primarily in the manufacturing of Flat Glass. For the quarter ended June 30, 2026, the company reported a total income of Rs. 41,967.96 Lakhs against total expenses of Rs. 30,133.23 Lakhs. This resulted in a profit before exceptional items and tax of Rs. 11,834.73 Lakhs.
On a consolidated basis, the group reported a total income of Rs. 41,967.93 Lakhs for the same period. The total expenses for the consolidated group amounted to Rs. 30,240.29 Lakhs. The profit before share of profit in associates, exceptional items and tax stood at Rs. 11,789.33 Lakhs.
Standalone Financial Performance (Rs. in Lakhs)
| Particulars | Quarter Ended 30.06.2026 (Unaudited) | Quarter Ended 31.03.2026 (Audited) | Quarter Ended 30.06.2025 (Unaudited) | Year Ended 31.03.2026 (Audited) |
|---|---|---|---|---|
| Revenue from Operations | 40,569.07 | 43,761.69 | 33,226.04 | 1,53,482.50 |
| Other Income | 1,398.89 | 891.96 | 552.16 | 2,338.32 |
| Total Income | 41,967.96 | 44,653.65 | 33,778.20 | 1,55,820.82 |
| Cost of Materials Consumed | 9,106.83 | 8,480.58 | 8,441.83 | 34,309.81 |
| Employee Benefits Expense | 2,497.98 | 2,774.64 | 2,009.15 | 9,206.91 |
| Finance costs | 232.42 | 335.59 | 419.60 | 1,417.31 |
| Depreciation and Amortisation | 2,132.89 | 2,122.52 | 2,177.53 | 8,679.06 |
| Power and Fuel | 10,213.18 | 9,345.89 | 7,648.07 | 33,404.04 |
| Other Expenses | 6,79.07 | 6,765.17 | 6,271.17 | 27,220.96 |
| Total Expenses | 30,133.23 | 32,650.95 | 27,122.68 | 1,16,749.58 |
| Profit Before Exceptional Items and Tax | 11,834.73 | 12,002.70 | 6,655.52 | 39,071.24 |
| Profit/(Loss) Before Tax | 11,834.73 | 12,002.70 | (25,935.29) | 3,093.39 |
| Profit/(Loss) for the period | 8,770.55 | 16,900.91 | (27,234.57) | 2,074.08 |
Consolidated Financial Performance (Rs. in Lakhs)
| Particulars | Quarter Ended 30.06.2026 (Unaudited) | Quarter Ended 31.03.2026 (Audited) | Quarter Ended 30.06.2025 (Unaudited) | Year Ended 31.03.2026 (Audited) |
|---|---|---|---|---|
| Revenue from Operations | 40,569.07 | 43,992.13 | 34,657.70 | 1,55,583.50 |
| Other Income | 1,398.86 | 893.82 | 628.43 | 2,493.63 |
| Total Income | 41,967.93 | 44,885.95 | 35,286.13 | 1,58,077.13 |
| Cost of Materials Consumed | 9,106.83 | 8,455.72 | 8,588.85 | 34,545.44 |
| Employee Benefits Expense | 2,551.20 | 2,822.84 | 3,633.96 | 11,076.65 |
| Finance costs | 232.42 | 335.59 | 420.48 | 1,418.21 |
| Depreciation and Amortisation | 2,156.39 | 2,145.36 | 2,949.71 | 9,538.52 |
| Power and Fuel | 10,213.18 | 9,345.89 | 7,902.37 | 33,665.14 |
| Other Expenses | 6,709.41 | 6,872.29 | 7,172.05 | 28,648.00 |
| Total Expenses | 30,240.29 | 32,835.34 | 31,727.96 | 1,22,437.60 |
| Profit Before Exceptional Items and Tax | 11,789.33 | 12,011.39 | 3,573.07 | 35,581.14 |
| Profit/(Loss) Before Tax | 11,789.33 | 12,011.39 | (18,657.88) | 14,240.34 |
| Profit/(Loss) for the period | 8,664.04 | 16,911.80 | (20,348.68) | 12,739.65 |
Operational Updates and Capital Allocation
The company reported that it has raised funds of Rs. 23,889.22 Lakhs under a preferential issue. From these proceeds, Rs. 18,500.00 Lakhs were utilized to satisfy liabilities arising from a Standby Letter of Credit (SBLC) extended as security to lenders of GMB Glasmanufaktur Brandenburg GmbH, a step-down subsidiary of the company. Additionally, Rs. 5,014.23 Lakhs was utilized for capital expenditure aimed at expanding production capacity as of June 30, 2026.During the quarter ended June 30, 2026, the company received Rs. 374.99 Lakhs from warrant holders upon exercise of rights attached to their warrants. Consequently, 94,338 fully paid-up equity shares were allotted, increasing the paid-up Equity Share Capital by Rs. 0.94 Lakhs and Securities Premium by Rs. 499.05 Lakhs.
The company further noted that it raised funds of Rs. 37,148.75 Lakhs in a separate preferential issue at an issue price of Rs. 535 per share. Of this amount, Rs. 8,552.17 Lakhs was utilized for capital expenditure and General Corporate Purposes as of June 30, 2026. The remaining balance remains invested in mutual funds pending utilization.
Exceptional Items
The financial statements noted that exceptional items for the quarter ended June 30, 2025, and the year ended March 31, 2026, represent impairment of assets for German subsidiaries, specifically Geosphere Glassworks GmbH and GMB Glasmanufaktur Brandenburg GmbH, and the recognition of additional liabilities following insolvency proceedings.BORORENEW Stock Price Movement
BOROSIL RENEWABLES LIMITED shares today shed 0.44% to settle at ₹612.00. The stock saw a total turnover of 1.31 million shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.
Last edited by a moderator: